South Africa Two-Wheeler Tire Market Report - By Vehicle Type (Scooter and Moped, Motorcycle), By Demand Type (OEMs, Replacement), By Tire Type (Radial, Bias), By Price Category (Budget (Up to USD11 P... ... udget (Up to USD11 Per Unit), Economy (USD12 to 30 Per unit), Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units), By Sales Channel (Online, Multi Brand Stores, Exclusive Outlets, Direct Sales), By Tire Size (120/70 R 19, 170/60/17, 90/90-12, 120/70-12, Others (90/80-17, 90/90-21, etc.)), and Others Read more
- Tire
- Apr 2024
- 193
- PDF, Excel, PPT
Market Definition
Two-wheeler tires refer to the specialized tires designed for vehicles with two wheels, such as motorcycles, scooters, bicycles, and mopeds. These tires play a crucial role in providing traction, stability, and control for the rider, making them a critical component of the overall safety and performance of the two-wheeled vehicle.
Market Insights & Analysis: South Africa Two-Wheeler Tire Market (2024-30):
The South Africa Two-Wheeler Tire Market size is estimated to grow at a CAGR of around 6.89% during the forecast period, i.e., 2024-30. The market growth is driven by increased adoption by the middle class & businesses, demand from e-commerce, etc. South Africa witnessed a growing shift of consumers towards personal mobility at a competitive cost, especially from the middle-income group. This fueled the market size & volume of two-wheeler tires in the country, as they offer greater flexibility in comparison to public transport, which has led to a surge in their sales across the country. According to the Association of Motorcycle Importers and Distributors (Amid), motorcycle sales in December 2022 increased by around 18.4% compared to the same period in 2021 in South Africa. Thus, the growing use of two-wheelers for daily commuting purposes has resulted in a rise in tire wear & tear due to the poor road infrastructure in the country, thereby contributing to a higher demand for two-wheeler tires.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2022 | |
| Forecast Period: 2024-30 | |
| CAGR(2024-30) | 6.89% |
| Region Covered | East, North, Central, South, West |
| Key Companies Profiled | Bridgestone Corporation, Goodyear Tire and Rubber Company, Michelin, Continental AG, Maxxis Tyres, Yokohama TWS (Mitas), Pirelli Tyre S.p.A, Sumitomo Rubber Industries, MRF, CEAT, and other |
| Unit Denominations | USD Million/Billion |
Additionally, the growing use of two-wheelers for business purposes, which includes last-mile delivery services, is another factor supporting the market growth & expansion of two-wheeler tires in the country. Some of the prominent food delivery platforms that are actively using two-wheelers for business operations in South Africa include Mr D Food, Jumia Food, etc.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- South Africa Two-Wheeler Tire Import-Export Analysis, 2019-2023
- South Africa Two-Wheeler Tire Market Supply Chain Analysis
- South Africa Two-Wheeler Tire Market Trends & Developments
- South Africa Two-Wheeler Tire Market Dynamics
- Drivers
- Challenges
- South Africa Two-Wheeler Tire Market Hotspot & Opportunities
- South Africa Two-Wheeler Tire Market Regulations and Policy
- South Africa Two-Wheeler Tire Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Units Sold (Thousands)
- Market Size & Analysis
- By Vehicle Type
- Scooter and Moped- Market Size & Forecast 2019-2030, Thousand Units
- Motorcycle- Market Size & Forecast 2019-2030, Thousand Units
- By Demand Type
- OEMs- Market Size & Forecast 2019-2030, Thousand Units
- Replacement- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Type
- Radial- Market Size & Forecast 2019-2030, Thousand Units
- Bias- Market Size & Forecast 2019-2030, Thousand Units
- By Price Category
- Budget (Up to USD11 Per Unit)- Market Size & Forecast 2019-2030, Thousand Units
- Economy (USD12 to 30 Per unit)- Market Size & Forecast 2019-2030, Thousand Units
- Premium (Above USD30 Per Unit)-Market Size & Forecast 2019-2030, Thousand Units
- By Sales Channel
- Online- Market Size & Forecast 2019-2030, Thousand Units
- Multi Brand Stores - Market Size & Forecast 2019-2030, Thousand Units
- Exclusive Outlets - Market Size & Forecast 2019-2030, Thousand Units
- Direct Sales- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Size
- 120/70 R 19- Market Size & Forecast 2019-2030, Thousand Units
- 170/60/17- Market Size & Forecast 2019-2030, Thousand Units
- 90/90-12- Market Size & Forecast 2019-2030, Thousand Units
- 120/70-12- Market Size & Forecast 2019-2030, Thousand Units
- Others (90/80-17, 90/90-21, etc.)- Market Size & Forecast 2019-2030, Thousand Units
- By Region
- East
- Central
- North
- South
- West
- By Company
- Competition Characteristics
- Market Share & Analysis
- By Vehicle Type
- Market Size & Analysis
- South Africa Scooter & Moped Tire Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Units Sold (Thousands)
- Market Share & Analysis
- By Vehicle Type
- ICE
- Up to 100cc- Market Size & Forecast 2019-2030, Thousand Units
- 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand Units
- 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Above 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Electric- Market Size & Forecast 2019-2030, Thousand Units
- ICE
- By Demand Type- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Type- Market Size & Forecast 2019-2030, Thousand Units
- By Price Category- Market Size & Forecast 2019-2030, Thousand Units
- By Sales Channel- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Size- Market Size & Forecast 2019-2030, Thousand Units
- By Vehicle Type
- Market Size & Analysis
- South Africa Motorcycle Tire Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Units Sold (Thousands)
- Market Share & Analysis
- By Vehicle Type
- ICE
- Up to 100cc- Market Size & Forecast 2019-2030, Thousand Units
- 101cc to 125cc- Market Size & Forecast 2019-2030, Thousand Units
- 126cc to 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Above 150cc- Market Size & Forecast 2019-2030, Thousand Units
- Electric- Market Size & Forecast 2019-2030, Thousand Units
- ICE
- By Demand Type- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Type- Market Size & Forecast 2019-2030, Thousand Units
- By Price Category- Market Size & Forecast 2019-2030, Thousand Units
- By Sales Channel- Market Size & Forecast 2019-2030, Thousand Units
- By Tire Size- Market Size & Forecast 2019-2030, Thousand Units
- By Vehicle Type
- Market Size & Analysis
- South Africa Two-Wheeler Tire Industry Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Bridgestone Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Goodyear Tire and Rubber Company
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Michelin
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Continental AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Maxxis Tyres
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Yokohama TWS (Mitas)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pirelli Tyre S.p.A
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Sumitomo Rubber Industries
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MRF
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- CEAT
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Bridgestone Corporation
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making